Tuesday, July 10, 2007

UPDATE 1-Israel's Voltaire files for $123.9 mln IPO

(Reuters) - In a filing with the U.S Securities and Exchange
Commission, the company said it will offer 5.8 million shares,
while selling shareholders will offer about 1.9 million, at an
expected price of between $12 and $14 per share.




Voltaire said it intends to use net proceeds to fund
research and development activities, repay a loan, acquire or
invest in complementary companies, products or technologies,
among others.


Read more at Reuters.com Bonds News

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